Mortgage Refinancing

How much mortgage do I qualify for? It’s a question all aspiring homeowners want to answer. With the median home listing price in the U.S. right around $280,000, you may wonder if it’s possible for you to become a homeowner. To find out, let’s take a look at how lenders determine a person’s maximum loan […]

Should you get a mortgage cosigner?

Your lease is ending, you’re looking to move to a larger home, or maybe you want to live closer to work. Regardless of why you’re moving, you’ve found the perfect home. But there’s bad news: your lender has told you that you don’t qualify for a mortgage. What can you do to make sure that […]

Invest or pay off your mortgage. Find out which one makes sense for you.

You’ve come into some extra money. Maybe a relative left you an inheritance, or your employer gave you a holiday bonus. Or maybe you’ve set up your budget to get you some extra savings each month. You want to use this extra cash to improve your financial situation. But what’s the best way to do […]

New American Funding review. Find out the pros and cons of New American Funding before you apply.

Founded in 2003, New American Funding is an independent mortgage lender that serves all U.S. states except Hawaii and New York. Its mission is to provide homeowners and future homeowners with a variety of home financing options at competitive rates. If you’re looking for a home financing solution, here’s what you need to know about New American […]

How to save money on mortgage closing costs

A home is probably the most expensive purchase you will make in your lifetime. Even relatively affordable houses cost hundreds of thousands of dollars, and mortgage loans can last decades. As such, choosing the right loan is an essential part of the home buying process. When comparing loans, people often look at the length of […]

Will Baby Boomers Trigger the Next Housing Bubble

With real estate prices rising for almost a decade, there has been much speculation on the next housing bubble popping. The last housing bubble didn’t end well, to put it mildly. There was a glut of housing available – so much so that lenders started giving mortgages (so-called “subprime mortgages”) to almost everyone who wanted to buy a […]

Chinese Real Estate Investors Reverse Decade-Long Buying Spree

Since 2008, Chinese real estate investors have spent tens of billions of dollars on commercial properties in the United States. In many cases, they’ve overpaid to acquire hotels, office buildings, and empty lots to build new residential spaces. But according to a report by the Wall Street Journal, all of that came crashing down in […]

2019 Mortgage Industry Study

2019 Mortgage Industry Study

This comprehensive mortgage industry study investigates multiple data sources to reveal important mortgage industry trends and statistics. The mortgage industry plays an integral role in the U.S. economy. In 2017, only 21% of people who bought a home paid all-cash for their purchase. Everyone else got a mortgage. Residential property not only provides housing and […]